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Summary sheet

Release date
31 March 2021
Status
Reference
Approved | 12/05/2021
20200943
Project name
Promoter - financial intermediary
MIDCAP PL BALTIC STATES AND NORTHERN EUROPE 2
ACCEPTABLE CORPORATE(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 250 million
EUR 500 million
Description
Objectives

EIB programme loan to finance investments of eligible mid-caps and, to some extent, small and medium-sized enterprises (SMEs) in different industrial sectors in Germany, Austria, the Nordic Countries, Poland and the Baltic States.

This programme loan will help to improve access to finance for mid-caps and SMEs and to further the sustainability of their competitive advantage over time, contributing to wider innovation development and deployment and creating growth and employment opportunities.

Environmental aspects
Procurement

The projects to be financed under this programme loan will concern investments that are expected to be carried out in existing facilities without changing the already authorised scope and would therefore not require an environmental impact assessment (EIA) as defined in the Directive 2014/52/EU amending the EIA Directive 2011/92/EU. However, for each sub-operation under this programme loan, the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental legislation and will ensure that those investments are implemented in compliance with the EU legislation.

The Promoters will be private companies not operating in the utilities sector and not having the status of contracting authority. Thus they are not covered by EU directives on procurement.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - MIDCAP PL BALTIC STATES AND NORTHERN EUROPE 2
Publication Date
4 Jun 2021
Document language
Main Topic
Lending
Document Number
139084403
Document Focus
Environmental Information
Project Number
20200943
Sector(s)
Regions
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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